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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: DOUG H who wrote (4798)	2/10/2005 2:14:15 AM
From: Walkingshadow	Read Replies (1) \| Respond to of 8752

Yeah, if your short executed at today's closing price, you're probably looking at about a 5% profit by the time all is said and done (is that the one that's leveraged to give twice the inverse of QQQQ?). The real profit will be on the rebound, so I wouldn't get too greedy as QQQQ approaches $36.25 levels. Better to make sure you are situated on the right side of the trend, rather than to squeeze every penny out of it. That might mean you'll have to hit the sidelines for a bit. T